Glossary
Card reader
A card reader is a device that reads a payment card or the customer phone and sends the request to the payment provider to approve the amount.
What it means for a shop owner
The payment provider takes a fee on each payment, so count it in your costs. Match the reader day total with the card sales in your books at close. Keep the slip if there is a dispute.
A worked example
Card sales are 2000 and the fee is 1.5 percent, which is 30. 1970 reaches your account.
Related
Try it in your shop, free, no card.
The free plan: the whole shop for one branch, an offline cashier with stock, debts and accounting, with a daily limit on invoices, expenses and purchase orders. What it includes